Economy · Jobs

Unemployment: U-3 vs U-5 vs U-6

YearAverageYear close
19483.75%4.00%
19496.05%6.60%
19505.21%4.30%
19513.28%3.10%
19523.03%2.70%
19532.93%4.50%
19545.59%5.00%
19554.37%4.20%
19564.13%4.20%
19574.30%5.20%
19586.84%6.20%
19595.45%5.30%

Source: FRED UNRATE (Unemployment Rate); FRED U5RATE (Total Unemployed, Plus Discouraged Workers, Plus All Other Persons Marginally Attached to the Labor Force, as a Percent of the Civilian Labor Force Plus All Persons Marginally Attached to the Labor Force (U-5)); FRED U6RATE (Total Unemployed, Plus All Persons Marginally Attached to the Labor Force, Plus Total Employed Part Time for Economic Reasons, as a Percent of the Civilian Labor Force Plus All Persons Marginally Attached to the Labor Force (U-6)). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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